Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

More companies on state treasury list

PARLIAMENT has voted to let more state-run agencies enter the State Treasury system.

PARLIAMENT has voted to let more state-run agencies enter the State Treasury system.

The revision to the State Treasury law, passed on December 5, permits corporate entities established by a special law to become State Treasury clients, the SITA newswire wrote.

Under these changes, the public-service Slovak Television (STV), Slovak Radio (SRo), the state import-export bank Eximbanka and other state-controlled companies will also be able to use the services of the State Treasury. The changes will take effect on March 1.

The Finance Ministry expects the amendment to have a positive impact on the state budget.

“The financial effect depends on the number of clients who join voluntarily and the resources that will appreciate in the State Treasury,” stated the ministry.

The State Treasury provides payment services to roughly 1,700 clients, including central state administration organs, partly and fully state-subsidised organisations, public service institutions and regional offices.

At the end of December 2006, its IT system registered 18,091 open accounts, through which nearly 67.2 million clearing transactions were carried out over the last year. The number of transactions performed rose by 36 percent year-on-year.

The State Treasury started operating in 2004. Its balance-sheet total stood at Sk161 billion (€4.8 billion) in late 2006, which was an increase of 20 percent year-on-year.

Top stories

PM Fico wants Education Minister’s resignation

Education Minister Peter Plavčan has refused to leave, the Prime Minister demanding his resignation.

Education Minister Peter Plavčan

Have you ever climbed a via ferrata? Photo

In central Slovakia, there is one also suitable for beginners. Here are some of the views it offers.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Southern Slovakia will face heat again

The first-level warning is issued for the 16th and 17th.